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Finance and Law
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Wednesday, April 23, 2008
- Expert sheds light on Michigan's electricity choice issues
Michigan residents may not have much of a choice in the future when deciding where to get their energy. If proposed energy legislation is passed it would limit the amount of competition for Consumers Energy and DTE, giving them the majority of the state's consumer base. According to CMU finance and law faculty member Ted Bolema, who also serves as an energy policy specialist with the Mackinac Center for Public Policy, there is room for improvement in Michigan's electricity competition laws. "Introducing electricity choice in Michigan was a positive development, but it can be improved by leveling the playing field for all suppliers," Bolema said. Read the Story
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Wednesday, February 20, 2008
- Northwest-Delta merger: Expert expects no serious roadblocks
A merger with Delta Airlines would be Northwest Airlines' second this year, following the acquisition of Midwest Airlines at the end of January, and would form the largest airline in the U.S. Central Michigan University finance and law faculty member Ted Bolema says that with Northwest's position of having the greatest share of routes in the Midwest and Delta's strengths in other parts of the county, it appears unlikely that a merger between the two would attract significant opposition and could probably proceed with few or no divestitures. Bolema is available for commentary on the issue. Read the Story
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Friday, December 14, 2007
- MLB on drugs: Experts available for comment on the Mitchell Report
Released Dec. 13, the long-awaited Mitchell Report reveals the names of dozens of professional baseball players who are believed to have used steroids. Former Sen. George Mitchell, D-Maine, spearheaded the investigation, which has altered the careers of dozens of current and former pro baseball players and also has called franchises across the nation to task. How will this change the legacies of baseball greats like Roger Clemens and Andy Pettitte, who previously denounced the use of performance-enhancing drugs but are prominently named in the report? Read the Story
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Friday, November 9, 2007
- Michigan housing market in all-time slump
The housing market in Michigan has succumbed to what experts are saying is one the worst slumps in state history. At present, Michigan ranks fourth in the country in foreclosure filings &mdash with one filing for every 102 households. The downturn also has resulted in a record number of antsy sellers, a stockpile of homes, and a drop in real estate agents working in the industry. Last year, the Michigan Association of Realtors lost 10 percent of its membership due to the slump, which many experts predict will last for at least another 17 months. Patrick Corcoran, a real estate professor at CMU, and former real estate finance researcher on Wall Street, is available to speak with media. Read the Story
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